You've most likely just finished wrapping up your year-end. This will help you decipher those reports the accountant prepares and help you figure out how to use them to make your business more profitable.

PS This is a much, much simpler version of the book I wrote for the American Specialty Toy Retailing Association. That book - Financials Made Understandable - includes more detail, discussion, and advanced dialogue on the Balance Sheet and Profit & Loss including how to determine why your numbers might not look like other toy stores. The book will be out this June and even if you are not a toy retailer, you will find answers to your questions that your accountant might not fully understand because it is written by a retailer like you. Contact the ASTRA office to pre-order.

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Phil Wrzesinski

A Little About Me

I am an independent retailer. There. I said it. There is no twelve-step group for crazy people like us. We have to help each other. Fortunately, that's my favorite thing to do.

I have a simple mantra - Have fun helping others! That's why I'm here. I'm taking everything I'm learning about retail and sharing it with you.

I am a lifelong learner, always wanting to expand my horizons. I love deep conversations. I love people who challenge me with smart, well-organized thoughts and arguments and ideas. I love to look at how people act and react and interact with others.

If you also love to learn and grow and have some fun along the way, I'm pretty sure we'll get along well and enjoy this journey together.